Filing Flows › Transact Technologies (TACT) › Q4 2024
Transact Technologies (TACT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 24, 2025
Transact Technologies (TACT) reported revenue of $10.2M for the fourth quarter 2024 (Q4 2024), -23% from a year earlier and -6% from the quarter before. Operating margin was -10.3%, net loss $8.0M (77.8% of revenue).
Transact Technologies, Q4 2024: revenue $10.2M (-23% year over year), operating margin -10.3%, net loss $8.0M, operating cash flow $2.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.2M | -6% | -23% |
| Operating profit | −$1.1M | — | — |
| Net earnings | −$8.0M | — | — |
| Operating cash flow | $2.4M | +630% | +161% |
| Free cash flow | $2.4M | +818% | +196% |
What changed
Revenue was $10.2M in Q4 2024, down 23% year over year and down 6% from the previous quarter. Casino and Gaming was the largest line at 47% of revenue.
Gross margin was 44.2%, down 3.8 points from a year earlier. Operating costs exceeded revenue by $1.1M, an operating margin of -10.3%. Operating expenses fell 19% while revenue fell 23%. The quarter ended with a net loss of $8.0M, wider than the previous quarter's $551K loss.
Operating cash flow was $2.4M (up 161% year over year). Non-cash charges added back $193K of depreciation and amortization and $284K of share-based compensation. Working capital and other items added $9.9M. Capital expenditures of $11K left free cash flow of $2.4M.
Questions
What was Transact Technologies' revenue in the fourth quarter 2024?
Transact Technologies (TACT) reported revenue of $10.2M for the fourth quarter 2024 (Q4 2024), -23% from a year earlier and -6% from the quarter before.
Was Transact Technologies profitable in the fourth quarter 2024?
Operating loss was $1.1M (-10.3% of revenue) and net loss $8.0M.